The inability of EUR/USD bulls to move the quotes above 1,18-1.181 will demonstrate their weakness.
The inability of the Fed to scare the EUR/USD bears will increase the risk of re-testing the lower limit of the trading range 1,169-1,185.
Storm in a teacup. This is what you can call the August geopolitical shock involving the United States and North Korea.
During yesterday's trading session, oil reached key support - the Target Zone [47.93 - 47.68], broke it and closed below.
When trading on Forex, traders often use a variety of specialized programs in order to reduce the volume of work and find conditions for confident entry or closing of the position.
The inability of EUR/USD bulls to keep the quotes above 1,175 will increase the risk of correction.
It is preferrable to sell oil on local corrections. Metals are trading in uptrends.
The first EUR/USD test of the resistance at 1,177-1.1775 was unsuccessful, but the bulls are hopeful.
Oil has rushed down. The first target has been taken.
EUR/USD is consolidating in the range 1,169-1,177.
The key support for oil is still standing. Everything will be decided shortly.
EUR/USD sank to the middle of the 17th figure, but does not hurry to develop correction.